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to 2030. they say the u.s. won't be the world's only superpower. the council says china will pass the u.s. economically a few years before 2030. the council's analysts say the u.s. will remain unrivaled in its ability to orchestrate all aspects of power including the military it the analysts say the japanese economy will gradually shrink as the population ages and the labor force contracts. they say japan will retain fourth place in terms of overall power, trailing only the u.s., china and india. the council experts say asian countries such as india and indonesia are likely to boost their military power. but they warn of an arms race in asia. if the u.s. scales back its military commitment in the region. they say some tionmay begin developing nuclear weapons. new car sales are fueling china's economy. sales grew 8.2% in november from the same time last year. officials say nearly 1.8 million units were sold last month. japanese firms lost out after chinese consumers boytted their vehicles over a territorial dispute. they saw a slight improvement last month. total new car sales this china w
, corruption scandals, and disastrous investments in the u.s. and brazil. it was hoping to benefit from lower production costs at the new steel plant near rio de janeiro. the costs to build the facility have spiraled out of control. billions of euros wasted. it is a similar picture in the u.s. where a costly steel plant is incurring heavy losses due to the steel downturn. investment decisions have weighed heavily with building costs rising to 12 billion euro. to make matters worse, they have been hit with huge funds in their real division. this has triggered a leadership crisis. the executive board has asked three top executives to leave. >> until now, there has been in management style where the old boys' network was more important than corporate success. to some extent, this led to ignoring irregularities rather than correcting them. >> despite the crisis, he is trying to reverse the fortunes. they plan to sell the troubled plants in the u.s. and reduce their presence in the risky steel sector. they are examining all options. >> for more rainiers on the reaction from traders, we have this r
, the value offthe dollar held steadier, and it looks at this point as if u.s. exporters are doing a little better and u.s. producers are driving out some of our imports so that was good news, more economic growth. tracy: hard to tell, though, because everything's overshadowed by the fiscal cliff. do you worry, like, inflation is going to come and bite us in the butt one of these days? i mean, there's a lot of money out there. >> well, i watch that very, very carefully, and i don't think that's an immediate risk. in regard to the fiscal cliff, i think the right thing to do is to let the tax rates go up across the board, just like they agreed to do. i think we ought to have middle income americans as well as high income americans having a reduction of those tax rate cuts we saw. tracy: take more from my paycheck, let the fed put money into the system. does it make sense at the end of the day? shouldn't i keep my money, get out there and spend it and let the fed keep theirs? >> well, that's, you got a good point, and i agree that instability and monetary policy is not very effective, and so i
>>> the formalitier government is accused of being sent rick. >> massive write-downs n u.s. and brazil while warning over a week's global recovery. >>> and hsbc agreed to settle money laundering charges, paying a record $1.9 billion fine. >>> and we're getting the bumping out here today, not only because it's christmas, but -- >> because james ferguson is here. >> and we are finally in the same place at the same time. ♪ reunited and it feels so good ♪ >> there we go. >> my apologies to everyone for that. >> how about that voice? i feel a christmas sing along coming on at some point. >> it's the holt day spirit. >> it is. >> also, we are outside the u.s. senate. we're going to see just how much progress has been made or how little progress between the president and congress on the fiscal cliff situation. >>> and we'll find out just how much the european debt crisis has affected tourist's willingness to travel to southern europe. >> and then south korea's presidential election, yes, it's not just japan, and what to expect from the winner. >>> let's just plug you into wher
by the senate. a treaty that was meant to encourage more countries to be more like the u.s. on equal rights of the disabled. if other countries adopted better treatment of their disabled, americans who visited or lived in other countries would also benefit. 125 countries ratified the treaty. it was supported by george bush, signed by the current president, and has support from both sides of the aisle like john mccain and bob dole. he was wheeled onto the senate floor, you can see, for the vote he hoped to see the treaty ratified. instead after pressure from special interest groups, 38 republicans vowing to support the treaty voted no. one was the home school legal defense association. the hslda, the powerful lobby group around the country whose leader you're about to meet. they have some very strong things to say about the treaty, but the notion was basically this, if it were to pass, they said, the u.n. treaty would somehow let the u.n. mandate how parents of disabled kids in america cared for their children. americans among the center is echoing that center is mike lee of utah. keeping th
of the key city aleppo. some rebels named by the u.s. state department terrorists. they designated a terrorist group linked to al qaeda in iraq. the department imposed sanctions. what does it mean to sort out good rebels from bad? nick paton walsh explains. >> reporter: not only look different, black flags, well armed and disciplined, they fight differently, too. using suicide tactics and mass casualty car bombs, radical extremists but undeniably effective. behind a stream of rebel victories, overrunning regime bases across syria, many thinking the end of assad is nearer than ever. why has the united states, who also want assad gone, black listed them as terrorists? >> we've had concerns that al nusra is little more than a front for al qaeda in iraq who has moved some of its operations into syria. >> reporter: that link clear in the document filed monday, al nusra deemed not a new group, another name for al qaeda in iraq. u.s. officials believing insurgents who kill americans in iraq fighting for rebels against assad. this move may make sense in principle but, say experts now, less
. at times when the u.s. grew the fastest was times when the population was also growing the fastest. so the fact there that there's a billion new consumers joining the middle-class in the next five or ten years, you bet be with them. the second is the cost of materials so basically in in the '90s oil was $15 a barrel for a decade. now it's $80 or $100 or $120. there's a massive amount of wealth that goes with where resources go and things like that that's number two. number see there innovation. where is is the innovation taking place? is it silicon valley? bangalore? other places. so i would say demographics, natural resources, where's the innovation? that's what rules. now, in the case of aviation -- let's take that business. revenue miles are growing 4% or 5% every year because people are flying around the world. but the three biggest airlines in the world today, if you went back ten years and if i said to you the three biggest airlines are going to be emirates and qatar airlines -- >> rose: you're losing it. >> completely in another -- well not american airlines and stuff like that.
of the insurgency, all u.s. surge troops are home and 76% of the country is under the security control of the afghan government, according to this new report. >> shepard: jennifer griff fin at the pentagon. there's word that the syrian government may have already used chemical weapons on its own people. now, fox news can't confirm that, but the activists are reportedly saying they have the video to prove it. fox news can't verify the video, either. president obama has called the use of chemical weapons a red line for the united states, and he's warned there will be consequences if syria crosses that red line. let's get to kathry catherine he live in washington. what do we know about this video? i can't get confirmation from anyone. >> reporter: we're being told there's no independent evidence the syrian regime has used chemical weapons, but over the weekend video uploaded to the weapon claimed to show the use of chemical weapons by the assad government. this fire allegedly producing toxic smoke after tank was unloaded by a syrian jet over rebel-held territory. another video which could not be authen
. the treasury saying the u.s. is likely to hit its 16 part 4 trillion dollar debt limit by the end the year. the treasury could use of credit measures that would stave off any u.s. debt default until mid february. a lot to deal with for congress. they have to get a deal done. they really only have the next week and half before they go on recess. as far as where the talks are right now? they are nowhere. >> we will be back in a couple of minutes. watching wall street the dow finished with a modest gain of 15 points. dow futures are up 35 ahead of the opening bell. we're getting optimism about the federal reserve. whether will do something to stimulate the economy they weren't have a two day policy meeting. a lot of controversy when the u.s. company bailed out aig. they sell the remaining sales for over 7 billion. the u.s. government at one time on a 92% stake in aig. many thought the u.s. government would lose a lot of money on this deal. the u.s. government makes 22.7 billion and aig is now out of government hands. rumors percolating bad investors are buying up shares of hewlett-packard. th
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the stunning military operation and the u.s. navy s.e.a.l. who heroically gave his life to help save a doctor kidnapped by the taliban. nbc's jim has the story. >>> he was a highly decorated navy veteran killed sunday in afghanistan. the s.e.a.l.s set out to rescue an american relief worker dr. dilip joseph kidnapped last week on the road east of kabul. joseph was held hostage at an enemy complex in laghman province. as they approached the compound on foot, they came under intense enemy fire, from ak 478s, heavy machine guns and rocket-propelled grenades. in the fierce battle the petty officer took a single bullet and later died from his wound. in the heat of that battle they miraculously rescued dr. joseph. he had earned a bronze star and two other awards. he's a native of monroeville, pennsylvania. he was widely admired by coaches and classmates alike. >> i remember nick real well. he was one of those guys you loved to have on your team. >> and he's a special, special person, so he won't be forgotten. >> reporter: dr. joseph works with an american relief organization morningstar providing f
and move forward. >> bret: this makes michigan the 24th right to work state in the u.s. let's get an update now from the michigan capital. correspondent mike tobin is live in lansing. good evening. >> good evening, bret. what you can't see tonight in darkness is a column of state troopers surrounding the for's office building. they are armed with baton and wearing riot gear. from behind that column of protection, governor snyder made his announcement that michigan is now a right to work state. >> you put your hands on me, see what happens. >> as the demonstrations get raucous in lansing, tent for the group americans for prosperity is knocked down. >> they rushed the tent. chanting "go home, go home, scabs, scabs, scabs." they trampled the tent. people were inside. >> then they went after the cameras of journalists recording what happened. [bleep] >> the camera. >> i have a right to do this. >> finally, michigan state troopers armed with baton, tear gas and gas masks calmed the situation. demonstrators came from all over michigan and neighboring states. united auto worker, teamsters, brother
intelligence council predicts within the next 20 years china will overtake the u.s. as the world's largest economy and suggests asia in general will have more overall power than the u.s. and europe combined. but before we freak out and preemptively launch economic warfare to stay on top, our next guest says america stands to gain a lot from china's growth and china's leadership may be open to the type of reforms to strengthen our relationship. we have donald gross, he's author of "the china fallacy, how the u.s. can benefit of chi in's rise and avoid another cold war." donald, welcome. i have to say i've talked to both folks on both sides of this argument. i had a long conversation with governor jon huntsman who talked about china being very healthy and robust and our relationship very important, one of the most important in the world, in fact. i talked to gordon chang a number of time who is talked about china being well, pretty evil and collapsing and wanting tock an eminent threat to our country. who's right? >> well, i have to say that i strongly agree with governor huntsman. he was af
fit and she stays active. >> just part of a taxpayer funded ad campaign from the u.s. department of agriculture encouraging seniors to get on food stamps because they will make you look better. we have more news on the food stamp front that will make you angry and that's later in the show. with the tax and fiscal cliff looming 21 days from now, is there a reason for even some slight optimism this evening? joining us now in studio, we welcome distinguished house members carolina maloney of new york and larry kudlow's house member in manhattan. and the republican from arizona. as always, welcome to both of you. dave, let me ask you this. i'm hearing a lot of this that there is a strategic retreat by the republican party. 57b and that they are not either in the house or senate going to block the middle class stax tax cuts which proliferate in terms of the bill. is that true, sir? >> i haven't been invited into the strategic retreat caucus. look. i hear more on the news than i ever actually come across in reality in d.c. so far, i do not see a willingness, particularly on the conserv
now. she should give him serious consideration. god knows the u.s. senate could use stephen colbert. >> there is already a twitter page, a draft colbert web site. i can tell you having done a show with him in charleston, he is an absolute rock star in that state. (cheers and applause) >> stephen: yes, i am a rock star in south carolina and not just because i ended my rally there with herman cain by biting the head off a dove. it's a local delicacy. (laughter) >> stephen: lovely with a side of palms. they love me in the palmetto state because i love it. i love the beaches. i love the mountains. i love the beautiful old estates that have no negative historical connotation whatsoever. of course not everybody is happy about my imminent appointment. for instance the atlantic called my vastly overqualified. and nbc.com said senator stephen colbert, perhaps not as crazy as senator jim demint. what? i am at least as crazy as jim demint. he wanted to ban gay teachers from the classroom. i want to ban teachers from the classroom. (laughter) with their knowledge agenda. i say let the free mark
deserved it because it was a statement that now the u.s. is shifting back from the bush administration to obama. i think the same is true for the european union. >> your assessment has been pretty upbeat so far. i want to put this to you. at the top of the show, we said this is a day of celebration for the eu. no doubt about that. it also indicates it might be a day of celebration for the people of the eu, but i see no signs of those citizens cracky -- cracking open the champagne bottles today. >> it is unfortunate. we should see youngsters out there. we should see the you celebrating. i agree that it is unfortunate that we are not even able to celebrate what we have been living and experiencing for 60 years, which is prosperity and peace for everybody. i can berkeley understand that the current crisis destroys this -- i can understand that the current crisis destroys this. looking back, my family, many other families -- people had nothing to eat. they were freezing in the cold. just that should make it worth thinking back and open the bottles of champagne. >> thank you for those inter
profiles chinese artist and dissident ai wei wei, whose work is on exhibit in the u.s. for the first time. >> if we can change ourselves, that means part of society will change. if more people can do so, then we can change the society. >> woodruff: and we look at what the federal trade commission calls a "digital danger zone," mobile applications that gather data about children. >> what needs to be done is a way for parents to easily at any time see exactly what's being collected and who they are sharing that information with. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: michigan, a s
spread across the country. also, "money" tonight, a crash for gas prices. they are tumbling across the u.s. it's an early christmas gift for drivers but we'll tell you if the relief will last through the new year. >>> pepsi is crazy in love with beyonce. the music icon inks a $50 million deal to pitch its products. can she really make you stop drinking coke though? i say pepsi just got hosed. but a top marketing expert is here to disagree with me. even when they say it's not it is always about money melissa: firss, let's look at the day's market headlines of the leave it to congress to suck the air out of a good thing. stocks soared in early trading on hopes of a deal on the fiscal cliff. but a parade of speeches by congressional leaders this afternoon dump ad whole lot of water on the rally. stocks pared back from session highs. dow closed down 78 points. even dollar stores are having trouble making money today. dollar general shares got hammered. they warned of sluggish growth ahead and margins that would likely remain flat. >>> urban outfitters is mailing holiday catalogs filled with f-
the internal energy agency. they predict the u.s. will be energy independent by 2030. and become the world's largest exporter of oil, surpassing counties like saudi arabia, venezuela, nigeria and even iran. solar, wind and a backyard oil boom has changed the global landscape, and the landscape on our own backyards. we saw it first-hand in kansas. new technologies unearthing previously untapped oil reserves there and across the u.s. the effects already being felt well beyond the gas pump. >> this unconventional revolution in oil and natural gas is already having a big impact on the united states. it has created something like 1.7 million jobs in the last few years. >> reporter: and consider this. the economists at moody's tell us, if gas prices drop another 50 cents this year, it will create another 350,000 jobs by this time next year. and in the next few months, pending no major disruptions, we could seal our grocery bills and the cost of medicines, many of them made out of petroleum, come down, too. >> sharyn alfonsi, thank you so much. >>> and now we turn to see, for the first time, the
affiliated with the rebels a terrorist organization that has alleged ties to al qaeda. any assets in the u.s. are frozen, and americans are barred from doing business with it. >>> the body of the navy s.e.a.l. killed during a mission to rescue an american doctor from the taliban is on its way home. the family of dr. dilip joseph released a statement praising the s.e.a.l.'s hero im. he was part of seal team six, the unit that killed osama bin laden. it remain unclear if he was on that mission. david martin reports. >> reporter: the pentagon identified the navy s.e.a.l. killed as 28-year-old petty officer first class nicolas checque. part of a high-risk operation to rescue american dilip joseph before his taliban captors got him across the border into pakistan where u.s. forces cannot go. joseph, a medical adviser to the private aid organization morningstar development, had been kidnapped on wednesday along with two afghan staff members in the mountains east of kabul. according to u.s. officials, the taliban demanded a ransom of $100,000, money morningstar development didn't have. the taliban
headlock on the u.s. market and about a million and a half members. since the late 70s yet had an influx of competition. some from japan. many in cars being built in america in nonunion states by nonunion american workers. ever since that time consumers have voted for the competitors products. as long as you have a competitive that isn't all that much you have to do to raise costs for businesses. lori: it all sounds great and makes perfect sense, but you look at the pictures we see right now in the capital, union members serious about losing the right to work status. you wonder that volatility could have a ripple effect ultimately interceding the economy. >> probably not. a majority support this move by 10 to 15-point margin. we just had a ballot initiative in michigan to prevent the legislature from passing this exact kind of law. they defeated it by 15-point margin. the polls and election results show most michigan voters support what is going on. lori: thank you for your time and your analysis on this union issue. one i think we'l will stick arod for a while. melissa: breaking news no
tomorrow. charlie is accused of attacking and injuring a u.s. park police officer and horse august 6th. animal care and control seized the case nine and deemed him too vicious to stay alive. more than 90,000 sign add online petition to save him. >>> police in half moon bay looking for thief or thiefs who broke into a church and made off with more than $10,000 worth of video equipment. theft happened between wednesday night and sunday afternoon. video camera, two mixers and laptop were taken. police say whoever did it, tried to steal the van. >>> spending scandal involving a strip club has caused director of the port of oakland his job. james kwan has agreed to retire this month. he's accused of running up a $4500 dinner tab at a texas strip club setting off an investigation. the port has received repayment of public funds spent on two improper period s. officials now have a new -- new set of rules, including new spending guidelines. >>> san francisco board considering legislation to expand no smoking policies in the city. land reports may be forces to tell renters if their new neighbor
groups in syria. now one is going to be labeled a terrorist group with ties to al qaeda. >> plus, the u.s. postal service loses $25 million every single day. could this holiday season be the last for the usps? >>> and jenni rivera confirms as one of those kills in a plane crash. we'll look at her final moments in legacy, "outfront." [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! and his new boss told him two things -- cook what you love, and save your money. joe
, the u.s. is concerned about what they're seeing in libya, according to all reports, that some of the weapons that were supplied through middle men have now gotten to terror groups. they're concerned about tracking the weapons and about possible blowback depending what kind of regime replace assad because no one thinks this regime will survive, whether it takes weeks, months, or a year. no one really thinks and you are a lot closer to it than all of us that assad is going to survive. >> it doesn't seem like assad is going to survive. when i went in a few days ago, i wasn't sure as well if he had a few more days, if he had a few more weeks. i don't think that this is going tolg very quickly. i would say a few more months. i explained this to -- or described it to one of our editors that imagine there's a big iceberg or a big wedge of ice and you are chipping at it with an ice pick. initially you just get tiny little flakes. eventually big chunks start to come off, and chunks are now coming off. the assad regime is breaking apart. rebel units are being -- are winning and taking o
guards. after decades of gains, fewer than 12% of u.s. workers now belong to unions. in michigan, it's fewer than 18%. cnn's poppy harlow is at the state capital in lansing. how did it go? >> reporter: are an historic day in michigan. a state at the heart of organized labor in this country. one person said, if it can happen in michigan, it can happen everywhere and that's why thousands and thousands of protesters descended on the state capital fighting this legislation, which will make it legal in this state for people to work at an auto company or in public schools without being part of the union. it will be illegal for a unions or employers to mandate that employees join the union or pay any money to the union. this brings into question, what is the future of unions in america? today i had a chance to talk to the person at the heart of that debate, bob king. here is his take. does this mean the beginning of sort of a death of unions in this country? are you concerned that this is that big symbolically? >> reporter: n. >> no. i think that workers and working families are tired of lo
>>> my name is chris stevens, i'm the new u.s. ambassador to libya. i had the honor to serve as the envoy to the libyan revolution and i was thrilled to watch the libyan people stand up and demand their rights. now i'm excited to return to libya to continue the great work we've started, building a solid partnership between the united states and libya to help you the libyan people achieve your goals. right now i'm in washington, preparing for my assignment. as i walk around the monuments and memorials commemorating the courageous men and women that made america what it is, i'm reminded we too went through challenging periods, when america was divided by a bitter civil war 150 years ago. president abraham lincoln had the vision to pull us together toward a shared goal of peace and prosperity. growing up in california i didn't know much about the arab world. then after graduating from the university of california at berkeley, i traveled to north africa as peace corps engineer. i worked as an english teacher in morocco two years and quickly grew to love this part of the world. si
,000 non-smokers each year in the u.s., so it's definitely second hand smoke is a toxic substance that leads to death of many non-smokers in the u.s. and at outdoor events it may exacerbate people's health issues, especially if you have asthma or other respiratory ailments and especially harmful for youth and elderly as well as individuals with these types of illnesses. according to the u.s. surgeon general, there's no safe level of exposure to second hand smoke and it's a cancer (inaudible) as well. outdoors second hand smoke that reach the same levels as indoughs so it's really not safe. for many months breathe california , as an institution working to create this ordinance that would require that a no smoking sign be posted on all street events, that several announcements be made to indicate that events are smoke free and that all promotional materials and advertising materials in events include information that the event is smoke free and in case of a violation, the director of transportation and iscad, which is kind of our coordinating agency in the city, will consider any
jobs may stall out at a gm plant in germany. the u.s. automaker is out with plans to stop making its zafiras at its opel division in 2016. gm, however, is considering other options for the factory to stymie job losses. the carmaker is attempting to put the brakes on its losses in europe. the plant shutdown becomes the first for germany since world war ii. italian bond yields headed higher following news that prime minister mario monti plans to resign. monti's reign will come to an end in february, following passage of the 2013 budget. the move raises political concerns over italy in the midst of the eurozone crisis. monti has been credited with keeping italy's debt crisis under control. the japanese economy has some gross domestic problems. japan's gdp has contracted two quarters in a row, signaling it has entered recession. a recent territorial dispute with the chinese government and struggles following last year's tsunami continue to hurt japan's export market. an election next week in japan could have a large effect on fiscal policy. reports say delta is close to landing a deal th
from our bureau in bangkok. >> the u.s. department of defense has released its latest report on the on going battle with taliban in afghanistan. progress has been made, but much remains to be done. pressing issue, how to best train afghan forces to maintain security. the report released to the u.s. congress on monday. a key claim is that 76% of the country's population lives in areas where afghan police and troops maintain the leading role in security. it also states that attacks by the taliban rose by 1% for the period of april to september, known as the afghan fighting season. the pentagon says increased violence centered on rural areas and security in cities dramatically improved during the same period. since the start of the year, attacks fell 22% in kabul, 62% in kandahar, and 88% in mazhar-i-sharif. compares with 211. critical concerns are also detailed in the report. international forces have been training afghan security forces for years, but the report says very few afghan units are fully dependent from international counterparts when carrying out operations. another
opposition group. the u.s. is expected to recognize the new opposition council as the only legitimate representative of the syrian people at an international conference in morocco. britain and france, they've already extended full recognition to that coalition. >>> well, secretary of state, hillary clinton, was supposed to represent the u.s. tomorrow at the friends of syria meeting in mow co but she has a -- morocco but she has a stomach flu. >>> congress is scheduled to break for the holidays this friday. as alison burns reports from our washington, d.c. newsroom, both parties have their sticking points. alison? >> reporter: tori, the pressure is on. members of congress are back this morning after a long weekend. and in just about 15 minutes, democrats will be speaking out about the fiscal cliff saying medicaid should not be subject to cuts. in the past 48 hours since president obama and john boehner met face to face, no details on the discussions have -- have been released. the president said he's willing to compromise but maintains his stance on tax increases for the wealthy. >> we
qaeda. >>> plus, the u.s. postal service loses $25 million every single day. could this holiday season be the last for the usps? >>> and mexican-american singer jenni rivera confirmed as one of those killed in a plane crash. we'll look at her final moments in legacy, "outfront." [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is w
ultimately about increasing the number of flights into heathrow. >> it's really about the access to the uk/u.s. marketplace. it's by far by 200% the largest market between europe and the u.s. and delta has had an 8% market share, fifth place. with this transaction we get to second place with a quarter of the market. >> that's a huge increase for delta. what about for virgin atlantic and richard branson, the ceo. well, the brand remains. remember, there's been some speculation that delta would take over virgin atlantic. not going to happen. ceo richard branson will be staying in charge. he was part of the announcement today here in new york city by satellite coming from down in the dominican. as we look at shares of delta, take a look at this. stock up, a nice gain today, almost 7%. tyler, in the end, what we're going to see is more of these types of deals in the industry, as you see the domestic u.s. carriers tried to increase their exposure to some of these lucrative markets. >> you answered my question. virgin gets to remain a virgin after it jumps into bed with delta. >> i'm in the touching
wonder who they would fire first. dagen: thank you so much. the u.s. economy may be improving. small business owners are not optimistic. new numbers on that that we will talk about. connell: congratulations taxpayers, you no longer own aig. we look at the key markets today. that would be treasuries. ♪ [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly da ok. [ male announcer ] now all youeed is aagic carriage. citi price rewind. start saving at citi.com/pricerewind. >> i have your fox business brief. the u.s. trade deficit widened nearly 5% in october. imports fell to their lowest level since april of last year. the trade gap with china did hit an all-time high. will fred industries is the latest offering special one-time payments. the company is boosti
they are investing from pre-k through college. there will have more in china and any of them the entire u.s. work force. we're focused on a global economy. those from harvard are competing globally with students from china, germany, brazil. tavis that transform the way we think about education? do you think your role as straining american leaders? are you looking at attracting global leaders? >> there are so many questions. let me address a few of them. there are numerous kind of statistics that we have a preeminence of college graduates in our populations and levels of participation. we are losing this. we have once last three of the world's college graduates. that is an interesting illustration of a shift in the dynamism. i see this when i travel. a huge commitment to public resources. huge energy to enthusiasm of higher education. india wants 1500 new universities by 2020. alicia's in a meeting about hong kong this week. i learned that hong kong university is expanding undergraduate education from three years to four years because they think it is not giving students enough time. there are all
in the state so you could get the common ballot. president, u.s. senate, state questiones. we got the word on that out as best we could. e-mail voting, for military and overseas voting. we expanded that to allow people in other states, pennsylvania, new york, we were getting hundreds of phone calls, i can't get home. to late for me to get a paper-absentee ballot. what can i do? the quote that hit home the most was, i lost my house, please don't let me lose my right to vote. i mean, that really hit home with us so we did whatever we could to get these people the ability to vote. >> you messenger e-mail. how did that work out? overall good? >> in general -- we're still doing the analysis of how, but at the time, again, being the situation that we're in, that was a tool that we used maybe wouldn't in a normal situation ball it was something that if we didn't do that, there would be hundreds or thousands of people that would not have been able to vote that day. >> do you think it's something you would consider more institutional going forward? >> i'm not going to comment on that. [laughter] >>
intelligence counsel expects china will become the world's biggest economic power. but the u.s. remains the dominant military superpower and will become energy independent overall. we can expect to have 8.3 billion people on the planet. >>> as for more immediate concerns, the fiscal cliff is one day closer, with a stalemate over heading off huge tax increases and deep spending cuts at the start of the new year. president obama and house speaker john boehner are keeping tight-lipped about those talks. in michigan on monday, the president warned going over the fiscal cliff will cost jobs and send the country in a downward spiral. >>> colorado is now the second state after washington in which marijuana is now legal. that became the law yesterday, when the governor put a voter-approved amendment into the state's constitution. the implementation of the law will be worked out by a special task force. in a statement, the u.s. attorney noted that pot remains illegal, though, under federal law. >>> well, family and friends are remembering that navy s.e.a.l. who gave his life to rescue an america
. very sad day for me. >> u.s. officials will investigate the plane crash that killed her and others. >>> the body of 28-year-old nicolas cheque is back in the united states now. the navy seal died over the weekend during an operation and rescue of an american doctor kidnapped by the taliban. pentagon officials say the doctor was in imminent danger of being killed. he was rescued unharm but officer cheque died from gunshots wounds in the battle. a high school friend and cheque always wanted to be in the military. >> that was his plan. it wasn't college, it wasn't engineering. it was -- i'm interested in being in the military and in living that lifestyle, serve my country. that's what he wanted to do. >> seven taliban members were killed in the rescue operation. cheque a 10-year veteran was part of the elite u.s. special forces team. that same elite unit carried out the raid that killed osama bin laden. >>> a las vegas-bound flight from seattle had to make an emergency landing in sacramento because of the smell of smoke. an airport spokeswoman says the alaska airlines flight landed ar
. >> authorities from the contra costa county will meet with the u.s. coast guard at 10:00 this morning that will search with sonar equipment. phillip stephen mattingly was working on his tugboat when he was in last saturday. please do not suspect foul play. his age and health may have contributed to his disappearance. >> police in pleasant hill are searching for a person who left a pipe bomb outside the elementary school. >> it was left in the parking nolot yesterday afternoon. >> we don't know if it was planted here and there were people here or if there were not people here. it was planted with what we believe to the intent to do damage to school. >> walnut creek and bomb squad was called in. one officer called the bombing have fog on a protective suit. the school actually ended early. not as many children were on campus. those were there were frightened. >> yes. we never had this. >> i was a little bit fighting. >> i was a little bit weird because i did know what was happening. >> were you scared? >> yes i was shaking when we were all on the field. >> it is alarming but there are a
a growing u.s. economy, bob? >> first of all, andrea got to get over the election. it is over, okay. you lost. you have another shot. these things happen. just calm down. it will be all right. now, by the way, immelt is exactly right. the chinese have been kicking our butts around for the last two decades economically. for what they have got, which is a communist-managed economiter doing a very good job of it. not something we want. not something we want of our allies but it is working and you can't argue with that. they have been growing at phenomenal rate. >> currency manipulation, human rights violations. one-child policy. martha: i get bob's point. what bob is saying. business people tend to look at things in, you know, in terms of efficiency. does it work. i think in many ways he was trying to separate his argument here saying this system that works and u.s. economy then is forced to deal with it in the form that it exists if we want to be competitive. >> here's our problem as we're shipping all the jobs over to china. we're borrowing money from china and we have to pay interest on
in the u.s. hsbc is accused of transferring billions of dollars for nations like iran doing business with firms linked to terrorism and enabling mexican drug cartels to move money illegally through u.s. subsidiaries. the settlement represents the largest pen the ever paid by a bank. >>> now pot is officially legal in colorado. people 21 and older may have up to 1 ounce of weed, smoke it, not in public and grow a small amount at home as well. the governor has created a task force to help implement the law. here's the problem. it's complicated. the federal government still says marijuana is illegal. >> rocky mountain high. i'll be the billionth person to say that. >>> countdown to double secret lift jop. the space plane is cleared to lift off at 1:05 p.m. eastern time from cape canaveral. this is an unmanned reusable mini verlgs of the space shuttle. it lifts off vertically and lands on auto pilot on a runway. no one knows what it's carrying. the cost to develop it, that is also classified. >> we're calling it a spooky space launch. >> it's about a forth of the size of the space shuttl
: if the regime crumbles, the u.s. fears the weapons could be transferred to hezbollah or fall into groups like al qaeda. knowing what you do about the facilities, the security, do you worry that these weapons will fall into the wrong hands? yes, he said. there's an extremely big concern they'll fall into other hands. he said he was interviewed by the cia when he left syria. now he's pleading for money and weapons from the u.s. so he can lead a brigade of fighters back into syria to secure those sites. alex marquardt, abc news, on the turkey-syria border. >> the major general gave an interview back in september. so several weeks back and says during his time there, we were in a serious discussion about the use of chemical weapons, including how we would use them and in what areas. we discussed this as a last resort. such as if the regime lost control of important areas such as aleppo. so not that we have them, but details have been discussed. >> he's the second in charge. he says that assad's forces are already spraying pesticides and dropping white phosphorous. claims that were also made by the o
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